If I buy a 4 Unit MF - what should be the minimum Cash on Cash Return To Aim For ? Is no less than 15% Fair or am I OFF mark or does this change if I buy a 3 Unit Family can it be lower than 15% or should stick to 15...
Hello everyone; I’m reaching out to the community for some guidance and would greatly appreciate any insights you could share. Here’s a bit of background:
My in-laws own a condo in Maui that a large management group ...
I've always been told that once you get above a 4-plex things tend to get a lot more complicated due to the classification change. Wondering how much truth there is to this and what the actual differences are between ...
I currently reside out of the country but intend on getting my RE license once I come back. My employer moves my family and I around every few years. If I get licensed in let's say state A then later move to state B,...
I have a LLC with my wife and I listed as members under the Articles of Organization. Does the IRS consider this LLC as a sole Proprietorship? Also, since it's a pass through entity, I don't need to file a separate re...
Hello!Long time BP-listener, first time forum-poster here. I tried searching the forums for a similar thread, but I couldn't find anything on this specific topic. Not sure if this is the right sub-forum to post to --...
I'm looking at turnkey properties in Kansas City, MO and Cleveland, OH and would like to hear others experiences (good and bad) with different turnkey companies that serve Kansas, Missouri and/or Ohio.
It's troubles me that the WOW-factor associated with Airbnb is causing landlords to take their eyes of their income-expense reports which should guide their decisions. I see it as disservice to other rental property o...
If I am going to borrow funds from a parent to add to my own initial investment for downpayment and rehab costs, should I get a written legal contract? For context, I already have possession of the money and I am lett...
Hello Everyone,A few months ago I entered into the whole world of investing in Rentals and because I want to have more than just 2-3 properties in my portfolio in the next years, I decided to establish an LLC.I establ...